Treasury CS John Mbadi has asked courts to handle cautiously petitions challenging the proposed Jomo Kenyatta International Airport takeover by the Adani Group in the interest of the country’s investor attractiveness. https://shorturl.at/QNoCP
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00:00to look at this matter, process it further.
00:04If the courts will allow or clear the runway,
00:06let me repeat again,
00:08then let it be concluded in a manner that is objective
00:11so that nobody feels hurt.
00:14And as I said initially, that we need also,
00:18the processes need to be clear,
00:19even if you are terminating.
00:21The processes need to be very clear
00:23so that any investor out there
00:25would not treat Kenya as a hostile ground for investment.
00:28Because we have also to be careful.
00:30If we do it in a way that would send signals
00:33that this is a country that does not support
00:35direct foreign investment,
00:37then we are running the risk of, in future,
00:39not attracting investment.
00:41But that does not mean we don't have to be careful
00:44about how we go about it.
00:45The only thing I'm saying is we need to do it in a way
00:48that is objective and so clear
00:50that anyone out there who is still interested
00:52in this country knows that we have laws
00:54and the legal framework that operates.
00:56Thank you, Chair.